Bright Horizons Family Solutions Inc. $BFAM Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 87.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,408 shares of the company’s stock after selling 17,145 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Bright Horizons Family Solutions were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Financial Consulate Inc. purchased a new stake in shares of Bright Horizons Family Solutions in the 3rd quarter valued at $26,000. TruNorth Capital Management LLC purchased a new stake in Bright Horizons Family Solutions in the third quarter valued at $28,000. SJS Investment Consulting Inc. boosted its holdings in Bright Horizons Family Solutions by 9,075.0% in the third quarter. SJS Investment Consulting Inc. now owns 367 shares of the company’s stock valued at $40,000 after purchasing an additional 363 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Bright Horizons Family Solutions by 98.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock worth $43,000 after purchasing an additional 167 shares during the period. Finally, First Horizon Corp purchased a new position in shares of Bright Horizons Family Solutions during the 3rd quarter valued at about $52,000.

Bright Horizons Family Solutions Trading Up 4.4%

Shares of BFAM stock opened at $70.91 on Thursday. Bright Horizons Family Solutions Inc. has a 1-year low of $63.68 and a 1-year high of $132.99. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 21.10, a PEG ratio of 1.29 and a beta of 1.40. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.54 and a quick ratio of 0.54. The stock has a 50 day simple moving average of $94.23 and a 200-day simple moving average of $102.84.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.15 EPS for the quarter, topping the consensus estimate of $1.13 by $0.02. The company had revenue of $733.70 million during the quarter, compared to analyst estimates of $727.44 million. Bright Horizons Family Solutions had a net margin of 6.58% and a return on equity of 17.27%. The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.98 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. On average, equities research analysts expect that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Barclays lowered their target price on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating on the stock in a research note on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Bright Horizons Family Solutions in a research report on Monday, December 29th. The Goldman Sachs Group dropped their price objective on shares of Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $99.00 target price on shares of Bright Horizons Family Solutions and gave the company a “hold” rating in a research note on Friday, February 13th. Finally, Zacks Research lowered shares of Bright Horizons Family Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Bright Horizons Family Solutions has an average rating of “Hold” and an average target price of $107.11.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.